Circle IPO Soars Above Expectations, Valued at $6.8 B Post-IPO

Circle Internet Group, the issuer of the widely used stablecoin USD Coin (USDC), has defied expectations by pricing its initial public offering (IPO) well above the forecasted range. On Wednesday, the company settled at $31 per share, surpassing the $27–28 range predicted earlier in the week. This pricing puts Circle’s primary market valuation around $6.8 billion, and approaches $8 billion on a fully […]

Nearly 30,000 Ford F-150 Lightning EVs Recalled Over Safety Concerns

Ford Motor Company has announced a significant recall of nearly 30,000 Ford F-150 Lightning electric pickup trucks in the United States due to a critical safety issue that could lead to losing steering control. Details of the Recall The recall affects 29,501 Ford F-150 Lightning BEV (Battery Electric Vehicle) models from the 2024 and 2025 model years. The U.S. National […]

Tesla Targets June 12 Launch of Robotaxi Service in Austin

Tesla is poised to make a significant leap in autonomous transportation with the planned launch of its robotaxi service in Austin, Texas, on June 12, 2025. This initiative marks the company’s first foray into commercial autonomous ride-hailing, utilizing a fleet of modified Model Y vehicles equipped with Tesla’s Full Self-Driving (FSD) software operating without human drivers.  A Strategic Move into […]

Costco’s Earnings Beat Estimates. Why the Stock Dipped

Costco Wholesale Corporation (NASDAQ: COST) recently reported quarterly earnings that surpassed Wall Street’s expectations on both revenue and profit. Yet, despite the strong results, the stock saw a modest dip in after-hours trading and the following trading session. This paradox—solid earnings leading to a drop in share price—has puzzled some investors. However, a closer look reveals that market reactions are […]